The exchange-traded fund (ETF), trading on NYSE Arca, sells short term, out of the money options after sharp price moves, seeking to benefit from stabilising markets as volatility subsides.

Boutique research firm Worth Charting has launched the Worth Charting Options Income ETF, trading on NYSE Arca under the ticker WRTH. The ETF strategy involves a short strangle approach The ETF has been designed to give both institutional and retail investors access to its highest conviction investment ideas. Worth Charting was founded by Wall Street veteran Carter Braxton Worth. The firm provides technical analysis to institutional clients across North America, Europe and Asia. Worth said